EconomyFinance
Digital Yuan Cross-Border Network Expands Steadily
China's digital yuan cross-border platform CBETS has drawn 65 financial institutions as PBOC builds payment links with Hong Kong, Laos and Singapore.
—5 min read
Tag
#Cross Border Payments
3 articles
Finance
Digital yuan completes first outbound payment to Malaysia
China's digital yuan made its first outbound cross-border payment to Malaysia, settling a durian trade in 30 minutes outside the Swift system.
—4 min read
FinanceTechnology
Macao Joins $56B mBridge CBDC Platform, 11 Banks Onboarded
Macao joins the $56B mBridge CBDC platform as sixth member, with 11 local banks beginning cross-border trading and Digital Macao Pataca testing.
—4 min read